121 Oak Tree DrOak GroveKY42262
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oak Grove at 121 Oak Tree Dr, Oak Grove, KY, 42262 offers $1,553/mo rent that, after a $1,101/mo payment, leaves $184/mo cash flow. Total monthly income is $1,553/mo, and annual cash flow is $2,206/yr on $74,588 cash. Return on cash invested measures 22.87% in year one, and rental yield stands at 8.28% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 118.57% and total cumulative return in cash reaches $88,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,553/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42262, Oak Grove, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,730 (100%) |
| Owner Occupied HU | 1,278 (34.3%) |
| Renter Occupied HU | 2,053 (55.0%) |
| Vacant Housing Units | 399 (10.7%) |
| Median Home Value | $173,397 |
| Average Home Value | $203,343 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,794
Multi-Family
0
Businesses
225
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